this post was submitted on 30 May 2026
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Just billionaire things
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Post things your (least) fav billionaire does.
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He isn't moving any of his finances is what I've read. Simply to change residence so that he can evade a one time CA wealth tax. Imagine being his kid, losing your entire friend circle, routines, etc, and being moved to another country with completely different climate, customs, hell even language, just because you filthy rich ass dad doesn't want to be SLIGHTLY filthy ass rich...
Also don't forget that the proposed wealth tax would essentially be nullified by interest on the remaining wealth in a couple of years. So this isn't confiscatory in any meaningful way, it just slows down the redistribution by a couple of years.